Earnings Releases·Oct 29, 2026, 7:04 AM ET

Hilton Grand Vacations — Third Quarter 2026 Earnings Summary

Total revenues rose to $1.961 billion and diluted EPS reached $3.70 from $0.28 year-over-year, driven by a $651 million increase in VOI sales, though total contract sales declined 11.0% to $807 million.
Full-year 2026 Adjusted EBITDA guidance was reduced to $1.165–$1.180 billion from $1.225–$1.265 billion as summer sales initiatives ramped slower than anticipated.
The company repurchased 2.4 million shares for $110 million in the quarter, with $617 million remaining available under the share repurchase plan.
Adjusted EBITDA included a $296 million net construction recognition from a Hawaii project, while the provision for financing receivable losses increased to 12.5% of owned contract sales.
Management remains confident in the long-term business model and inventory position despite the challenging conversion environment and execution delays.